Canned Food Market - Forecasts from 2018 to 2023
The canned food market is projected to
grow at a CAGR of 3.73% during the forecast period of 2017-2023. Canned food
market will experience a high growth due to its convenience to use and the
ability to provide more nutrient-dense foods to the diet. Growing concerns
regarding health have led to the proper intake of nutrients which have further
led to the adoption of canned foods, hence driving the growth of the global
canned food market worldwide. One of the main advantages of canned foods is
that the foods can be preserved and stored for a longer period of time and
there is an availability of a variety of fruits and vegetables even during the
off-season. In addition, these foods tend to cost less in comparison to fresh
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the canned food value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the canned food market.
Major industry players profiled as part of the report are Del Monte Foods Inc. Inc., Dole Packaged Foods LLC, Bush Brothers & Company, B&G FOODS NORTH AMERICA, INC. and Hormel Foods, LLC
The canned food market has been analyzed through following segments:
• By Type
o Fruits and Vegetables
o Milk and Sauces
o Beans and Legumes
o Meat and Fish
• By Distribution Channel
• By Geography
o United Kingdom
Middle East and Africa
o Saudi Arabia
o South Korea
• Target audience
o Service Providers
o Government Agencies
o Research Organizations
• List of Companies
o Del Monte Food, Inc
o Princes Limited
o Rhodes Food Group
o Tropical Food Industries Co., Ltd.
o Delicia Foods India Pvt. Ltd.
o Langberg & Ashton Foods
o Dole Packaged Foods LLC